09:15 AM EDT, 06/18/2026 (MT Newswires) -- Technology stocks were rising pre-bell Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) 2.3% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) advancing by 3.9%.
Intel ( INTC ) shares were up more than 8% after President Donald Trump said Apple ( AAPL ) has agreed to work with Intel ( INTC ) to design and build chips in the US.
Accenture ( ACN ) stock was down more than 16% after the company issued fiscal Q4 revenue outlook below analysts' expectations. Accenture ( ACN ) also said it is acquiring a majority stake in Dragos and full ownership of runZero and NetRise in a $4.18 billion deal.
Tower Semiconductor ( TSEM ) said it has shipped more than five million coherent photonic integrated circuits in partnership with Marvell Technology ( MRVL ) . Tower Semiconductor ( TSEM ) shares were up more than 4% and Marvell Technology ( MRVL ) rose 6% premarket.